Millennium Bank
Edwards, CO — Domestic Branch of a Domestic Bank
Acquired Aug 2012
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Millennium Bank | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 4,994 | 3,952 |
Income from Lease Financing Receivables | — | 6 |
— | 17 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 7 |
Income on Loans and Leases (TE) | 4,994 | 3,971 |
Investment Interest Income (TE) | 638 | 915 |
Total Interest Income (TE) | 5,637 | 4,960 |
Total Interest Expense | 946 | 596 |
Net Interest Income (TE) | 4,691 | 4,351 |
Non-Interest Income | 466 | 1,080 |
Adjusted Operating Income (TE) | 5,157 | 5,572 |
Non-interest Expense | 4,761 | 4,308 |
Provision for Loan & Lease Losses | 1,249 | 256 |
Pretax Operating Income (TE) | -853 | 1,000 |
Pretax Net Operating Income (TE) | -579 | 1,092 |
Applicable Income Taxes | — | 105 |
Net Operating Income | -579 | 889 |
Net Income | -579 | 865 |
Cash Dividends Declared | — | 270 |
Retained Earnings | -579 | 506 |